UPLAND, CALIF. — Newport Beach, Calif.-based Master Development Corp. has leased a 20,548-square-foot industrial building to University Consortium of Claremont, Calif. The property is located at 2038 W. Eleventh St. in the Upland Technology Center in Upland. Nicholas Chang and Richard Lee of NAI Capital’s Ontario, Calif., office represented the landlord in the transaction; Nick Quackenbos of Quackenbos-Bell Commercial Real Estate represented the tenant. Further details of the lease were not disclosed.
Industrial
SUNRISE, FLA. — Orlando, Fla.-based Tilt-Con Corp. has broken ground on Coconut Creek, Fla.-based Butters Construction & Development’s 65,232-square-foot Chauvet Lighting warehouse. The property is located at 5200 N.W. 105th Ave. in Sunrise. Delivery of the property, which was designed by Fort Lauderdale, Fla.-based Greco Design & Construction, is scheduled for July.
COMMERCE, CALIF. — Karol Western Corp. has purchased a 19,404-square-foot industrial property, which is located at 2639 Garfield in Commerce. Steve Kalpakoff, a furniture dealer and manufacturer, sold the property for $2.2 million. David Jo of Coldwell Banker represented the buyer; Cameron Driscoll, Luke McDaniel, Dan Berkenfield and Jack Askelson of Voit Commercial Brokerage’s Anaheim, Calif., office represented the seller in the transaction.
MEMPHIS, TENN. — UT Medical Group has signed an 80,000-square-foot lease for space in an office building located at 1407 Union Ave. in Memphis. Further details of the 10-year lease were not released. Michael Donahoe and Anthony Lopes of Memphis-based Investec Realty Services represented the landlord. John Snyder of John Snyder Realty Services represented UT Medical Group.
NEWPORT, MICH. — Grand Rapids, Mich.-based retailer Meijer has begun an approximately 250,000-square-foot expansion of its distribution center located in Newport. The $27 million project will bring the size of the facility to approximately 1.2 million square feet. Meijer’s Newport distribution center ships meat, produce, and dry and frozen foods to more than 45 Meijer locations. The construction timetable was not released. Meijer also operates distribution facilities in Grand Rapids and Lansing, Mich.; Tipp City, Ohio; and Middlebury, Ind.
YORK, PA. — Hartley Street Properties has purchased a 9,930-square-foot former body shop from Sunrise Holdings for an undisclosed amount. The property is located at 1000 Roosevelt Ave. in York. York-based ROCK Commercial Real Estate brokered the sale.
DORAVILLE, GA. — Reliable Tire Co. has leased an additional 56,000 square feet of warehouse space from Sealy Button Gwinnett. The property is located at 2351 Button Gwinnett Dr. in Doraville. John Crawford and Ray Dankberg of Grubb & Ellis’ Atlanta office represented the tenant.
CONYERS, GA. — The flooring product manufacturer Amtico International has leased a 60,000-square-foot warehouse from Ranwal Properties for an undisclosed amount. The space, located at 2000 Sarasota Parkway in the Sarasota Business Park in Conyers, will be used as a customizing and finishing facility. The warehouse features 54,000 square feet of warehouse space and 6,000 square feet of office space. Atlanta-based Lavista Associates’ Bobby Mayson represented the landlord.
FRASER, MICH. — Lee & Associates of Michigan has completed two industrial leases in Fraser totaling 40,000 square feet. First, Car Guys Auto Sales leased 15,360 square feet at 32639 Groesbeck Highway. Jeffrey Buckler of Lee & Associates represented the landlord, Supply Den. Buckler also represented the undisclosed tenant in the leasing of 24,960 square feet of space at 6501 Sims Dr. The landlord was not disclosed.
NORWOOD, MASS. — Boston-based EagleBridge Capital has secured a $1.5 million mortgage for a 65,240-square-foot warehouse. The property is located at 340-346 Vanderbilt Ave. in Norwood’s Park Place Industrial Park. The warehouse is 100 percent occupied by Atlantic Technology, Prize Possessions, Tricrop Amusements, Hill-Rolm, Crown Clothing and Takara Belmont. EagleBridge’s Ted M. Sidel and Brian D. Sheehan arranged the loan.